Players in the United States have a new online bitcoin casino option with BitcoinCasino.us, which offers over 350 games and several deposit bonus options. If you’re new to using bitcoins, you’ll need to understand the process of buying bitcoins and depositing them to your account at the online casino before you can play.
Obtaining a Bitcoin Wallet
There’s no sense in buying bitcoins before you have a place to put them, and that’s why you need to start by obtaining a bitcoin wallet, which is a bank account that only holds digital currency. There are two sites that offer bitcoin wallets for people in the United States, and these are CoinsBank and SpectroCoin.
There are three main types of bitcoin wallets available:
• Software wallets that allow you to store your bitcoins on a computer.
• Online wallets that allow you to store your wallets on the company’s server.
• Vault wallets that allow you to store your bitcoins in an offline location.
Each type has its own advantages and disadvantages. Important things to keep in mind are that you should back up your wallet if you choose a software wallet, and if you go with an online wallet, make sure the company you choose has excellent security. CoinsBank and SpectroCoin are both trustworthy, professional options.
Buying Your Bitcoins
There are a few different ways that you can buy bitcoins and deposit them into your bitcoin wallet.
Bitcoin ATMs are becoming more and more common as the currency becomes more popular around the world. Funding your wallet with a bitcoin ATM does require that you have a smartphone and online wallet software installed. You insert cash into the ATM, which then gives you a receipt with a QR code on it. When you scan that QR code using your phone, the bitcoins you just purchased are deposited into your wallet. There is typically a small service fee between 3 and 8 percent.
One of the most common funding methods is an online bitcoin exchange, where you can pay using debit cards, credit cards, wire transfers, Western Union, Moneygram and sometimes even money orders. CEX, Bitstamp and Kraken are all popular bitcoin exchange sites that accept users in the United States and throughout the rest of the world.
You can buy bitcoins from people in person. You’ll both need internet access, and the process is fairly simple, as you pay the person with the bitcoins, and they transfer the bitcoins to your account. While this is convenient and quick, you obviously need to take precautions to ensure your safety. There are bitcoin meetup groups, and this can be a more secure option.
One thing to keep in mind regarding bitcoins is that they’re a currency, which means that like any other currency, their value will fluctuate. Before you buy bitcoins, check the current exchange rates so you know what’s a fair deal.
Depositing Your Bitcoins to Your Casino Account
Once you have a bitcoin wallet and you’ve purchased your bitcoins, you can deposit those bitcoins from your wallet to your Bitcoin Casino account. This is by far the easiest part of the process, as deposits don’t have any fees and the transaction goes through instantly, so you can start playing the second you submit it.
When you want to withdraw your bitcoins, there’s no withdrawal fee and the processing time is just as fast. For both deposits and withdrawals on Bitcoin casino, there is a 10 bitcoin limit.
Getting the Biggest Deposit Bonuses
It’s a smart move to collect enough bitcoins that you can collect the biggest deposit bonuses from Bitcoin Casino, as it’s essentially free bitcoins.
The best bonuses at Bitcoin Casino are the welcome bonuses available to new players, and you can get up to 5 bonus bitcoins plus 150 free spins. On your first deposit, you’ll get a 150-percent bonus and those 150 free spins. For your next four deposits, you’ll earn bonuses that gradually decrease, going from 100 percent to 75, 50 and finally 25 percent. All of those bonuses have a limit of 1 bitcoin, so it makes sense to deposit just enough to max out the bonus each time.
Other bonus options include the everyday reload bonus, which is 30 percent, and the weekend bonus, which is 50 percent. Again, these bonuses have a limit of 1 bitcoin, and the weekend bonus is available on Fridays, Saturdays and Sundays.
You can’t collect more than one bonus at a time, and there are minimum wagering requirements with each bonus. The wagering requirement is 40 times the amount of the bonus you receive, so if you get a 1 bitcoin bonus, that means you need to make at least 40 bitcoins worth of wagers before you withdraw any bitcoins from your account. You’re able to withdraw bitcoins whenever you want, but if you do it before you’ve hit that requirement, you’ll lose your bonus and your winnings.
There’s no shortage of wagering options at Bitcoin Casino, as its lineup of games is among the best in the business. All of the games are available on the Games page, and there are categories if you’re looking for a specific type of game, such as slot machine games or table games. Use the search function if you want to find a specific game.
Click on any game to start playing. The rules vary from game to game, but you’ll be able to set the amount of bitcoins that you want to bet. Bitcoin Casino also has a progressive jackpot available that can climb well over 100,000 bitcoins. To have a shot at the jackpot, click the See Jackpot Games link on the casino’s home page and pick one of those games. Jackpots are obviously low odds, but when it’s that high, it makes sense to bet on it and give yourself a chance at a huge win.